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Satisficing
A non optimized state of affairs, which may recognize the realities of limited budgets and other constraints.

A form of trade-off.
The principles of ISO 55001 help to ensure that optimization is achieved through mindful balance and measured trade-offs between decision-making criteria
Fig. The principles of ISO 55001 help to ensure that optimization is achieved through mindful balance and measured trade-offs between decision-making criteria.

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